Swiss National Bank Portfolio holdings
The Swiss National Bank (SNB), founded in 1907 and headquartered in Zurich with an office in Bern, is Switzerland’s central bank, responsible for conducting monetary policy, issuing the Swiss franc, and ensuring price stability, while uniquely managing a massive investment portfolio. Unlike most central banks, the SNB is a joint-stock company with shares traded on the SIX Swiss Exchange, owned roughly 55% by public entities like cantons and 45% by private investors, yet it operates independently under federal oversight. It holds over $800 billion in foreign currency reserves as of late 2024—invested in global equities, bonds, and gold—to manage the franc’s value, famously intervening in markets to prevent excessive appreciation, as seen with the 2015 abandonment of the euro peg. Led by Chairman Thomas Jordan until his planned exit in September 2024, the SNB balances its dual role as a monetary authority and a significant global investor, influencing both Swiss and international financial stability.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$411M |
| 2 |
Microsoft
MSFT
|
+$309M |
| 3 |
ExxonMobil
XOM
|
+$258M |
| 4 |
Johnson & Johnson
JNJ
|
+$221M |
| 5 |
GE Aerospace
GE
|
+$217M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BRCM
BROADCOM CORP CL-A
BRCM
|
+$58.7M |
| 2 |
PCP
PRECISION CASTPARTS CORP
PCP
|
+$57.9M |
| 3 |
CB
CHUBB CORPORATION
CB
|
+$54.7M |
| 4 |
Stellantis
STLA
|
+$25.2M |
| 5 |
GMCR
KEURIG GREEN MTN INC
GMCR
|
+$20M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.83% |
| 2 | Healthcare | 14.67% |
| 3 | Consumer Discretionary | 10.51% |
| 4 | Consumer Staples | 10.31% |
| 5 | Industrials | 10.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
HAWK
1226
DELISTED
Blackhawk Network Holdings, Inc. Common Stock
HAWK
| $2.79M | 0.01% |
84,176
+17,300
| +26% | +$629K |
|
1227
ABM Industries
ABM
$2.82B
| $2.78M | 0.01% |
89,100
+17,500
| +24% | +$528K |
|
1228
Capitol Federal Financial
CFFN
$1.09B
| $2.78M | 0.01% |
217,100
+39,500
| +22% | +$492K |
|
|
ESGR
1229
DELISTED
Enstar Group
ESGR
| $2.78M | 0.01% |
17,700
+3,700
| +26% | +$572K |
|
|
KITE
1230
DELISTED
Kite Pharma, Inc.
KITE
| $2.78M | 0.01% |
62,650
+14,800
| +31% | +$717K |
|
1231
Texas Capital Bancshares
TCBI
$4.38B
| $2.76M | 0.01% |
74,650
+15,000
| +25% | +$555K |
|
1232
Worthington Enterprises
WOR
$2.85B
| $2.76M | 0.01% |
130,084
+23,681
| +22% | +$453K |
|
|
JBTM
1233
JBT Marel
JBTM
$6.1B
| $2.76M | 0.01% |
50,600
+9,500
| +23% | +$462K |
|
1234
Columbia Banking Systems
COLB
$9.18B
| $2.76M | 0.01% |
95,524
+18,800
| +25% | +$552K |
|
|
B
1235
DELISTED
Barnes Group Inc.
B
| $2.75M | 0.01% |
81,400
+16,200
| +25% | +$537K |
|
|
AAN.A
1236
DELISTED
The Aaron's Company Inc Class A
AAN.A
| $2.74M | 0.01% |
112,800
+21,300
| +23% | +$517K |
|
1237
HNI Corp
HNI
$3.56B
| $2.73M | 0.01% |
72,200
+13,400
| +23% | +$456K |
|
|
SFLY
1238
DELISTED
Shutterfly, Inc.
SFLY
| $2.73M | 0.01% |
60,900
+10,700
| +21% | +$456K |
|
|
EFOR
1239
Everforth Inc
EFOR
$1.37B
| $2.73M | 0.01% |
76,600
+15,500
| +25% | +$547K |
|
1240
Dorman Products
DORM
$3.95B
| $2.72M | 0.01% |
51,900
+10,500
| +25% | +$499K |
|
|
CRZO
1241
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $2.72M | 0.01% |
91,139
+18,200
| +25% | +$459K |
|
|
JUNO
1242
DELISTED
Juno Therapeutics, Inc.
JUNO
| $2.72M | 0.01% |
74,000
+14,800
| +25% | +$516K |
|
1243
Pan American Silver
PAAS
$19.9B
| $2.72M | 0.01% |
256,900
+56,300
| +28% | +$482K |
|
1244
Globus Medical
GMED
$11.5B
| $2.71M | 0.01% |
118,400
+23,600
| +25% | +$577K |
|
1245
Children's Place
PLCE
$53.4M
| $2.71M | 0.01% |
33,600
+6,200
| +23% | +$421K |
|
1246
Penske Automotive Group
PAG
$14.4B
| $2.71M | 0.01% |
74,000
+14,600
| +25% | +$520K |
|
|
PRMW
1247
DELISTED
Primo Water Corporation
PRMW
| $2.71M | 0.01% |
200,300
+54,000
| +37% | +$614K |
|
1248
Ultragenyx Pharmaceutical
RARE
$2.6B
| $2.7M | 0.01% |
44,267
+8,900
| +25% | +$582K |
|
1249
Matthews International
MATW
$722M
| $2.7M | 0.01% |
54,396
+11,000
| +25% | +$537K |
|
1250
OneMain Financial
OMF
$7.51B
| $2.7M | 0.01% |
101,900
+22,500
| +28% | +$609K |
|
Similar funds
Swiss National Bank's Q1 2016 Portfolio in Review
As of Q1 2016, Swiss National Bank held 2,649 positions worth $54.5B, up 32% from $41.3B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Swiss National Bank deployed $13.6B of net new capital in Q1 2016, opening 6 new positions and adding to 2,585 existing holdings. Its largest new stake was Ferrari: 823,472 shares worth $32.9M.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 15% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was Stellantis, an estimated $25.2M trimmed.
- Swiss National Bank's largest Q1 2016 buy was Ferrari: 823,472 shares worth $32.9M.
- Swiss National Bank added most to Apple in Q1 2016, an estimated $411M increase.
- Swiss National Bank's biggest Q1 2016 reduction was Stellantis, cutting an estimated $25.2M.
- Swiss National Bank fully exited BROADCOM CORP CL-A in Q1 2016, selling an estimated $58.7M.
- Swiss National Bank's ten largest holdings make up 15% of its $54.5B portfolio in Q1 2016.
- Swiss National Bank opened 6 new positions and closed 38 in Q1 2016.
- Swiss National Bank's portfolio value rose 32% quarter-over-quarter to $54.5B.
Based on Swiss National Bank's 13F filing for Q1 2016, filed 4 May 2016.